How to Spread Bet on WynnBet | Complete Guide
If the name “Wynn" sounds familiar to you, its because it’s an established casino resorts brand. They have now expanded into iGaming with the creation of WynnBET in 2020.
They offer a user-friendly platform which features all of your favorite bet types, from moneylines and spreads to player props and futures wagers.
In this article, we’re going to focus on spreads. This is a type of wager that includes the margin of victory. You’ll learn everything there is to know about targeting this market at WynnBET.
How to Bet Spreads on WynnBET
Here’s what you need to do to bet on spreads at WynnBET:
Step 1: Create an Account or Sign In
Read our WynnBET hands-on review to learn about what this operator has to offer. Click one of the “Get Bonus" links to access the best signup bonus. Provide your personal information so that the site can verify your identity. If you already have an account, simply sign in.
Step 2: Deposit Funds
Now is the time to put money into your balance so that you can start placing your wagers. Selecting “Deposit" will open up a number of payment methods available, such as ACH and Credit/Debit card. Your money will show up in your account in short order.
Before you sign up bet deposit, learn more about the WynnBET Bet and Get promo.
Step 3: Navigate the Betting Markets
The next step requires you to determine which sport you’d like to target for your spread wager. You’ll find each league organized with links available for quick access. Spreads will show up on the main page because they are a traditional betting market.
Step 4: Add to Your Bet Slip
Clicking the game that you want will add it to your bet slip. WynnBET automatically shows you your potential payout, which depends on your stake along with the odds of the bet.
Step 5: Straight or Parlay?
If you want a single wager, select “Place Bet." The other option would be to build a parlay of two or more spread picks. Go back to the main page to add more. WynnBET will update your parlay payout after including additional selections.
What Is Spread Betting on WynnBET?
Each game has a spread, which is the projected margin of victory. Users need to select either the favorite or underdog. The favorite need to win by more than the points, while the underdog can either win outright or lose by fewer than the spread.
Wagering on the spread adds another element to selecting the winning team, as you need to consider the final score. You’re able to pick the full game, quarters, or half.
Here’s an example:
Philadelphia Eagles -4 (-110) at Detroit Lions +4 (-110)
If I take the Eagles, they need to win by five or more. Going with the Lions requires them to lose by fewer than four points. If they win, your wager will also hit.
How Do WynnBET Spreads Work?
The spread helps you see the projected winning margin of the game. A higher number means that the game may be lopsided and vice versa for a lower spread.
The original number factors in the head-to-head matchup, home/away splits, and more. We can see the number move as we get closer to game time, depending on public/sharp money, player injuries, etc.
The NFL and NBA have variable spreads, usually with fixed odds (-110/-110), while the NHL and MLB have fixed numbers of 1.5, often with variable odds.
WynnBET Spread Rules
Keep these rules in mind when wagering on spreads at WynnBET:
- If the spread is a whole number and the final score lands there, it’ll be a push, which is a voided bet. For example, if the Eagles win 27-24 and the spread was -3.
- If you bet on the 1.5 spread in MLB (known as the run line), the game must go nine innings (or 8.5 if the home team is leading).
Spread vs Moneyline
Both spread and moneyline wagers focus on picking the winning team. The difference here is that the spread incorporates the winning margin, while the moneyline only requires you to pick the winner.
Here’s an example:
New York Giants +5.5 (-110) at Tennessee Titans -5.5 (-110)
Taking the Titans requires them to win by six or more.
Giants (+240) at Titans (-300)
In this case, if you take the Titans moneyline, you just need them to win. However, you’d be laying -300 juice, meaning you’d risk $300 to win $100 here.
Underdog vs Favorite
The underdog is projected to lose and the favorite to win. You can identify the underdog by looking for the plus sign. Favorites are minus the points.
Here’s an example:
Jacksonville Jaguars +2.5 (-110) at Washington Commanders -2.5 (-110)
In this case, the Jaguars are 2.5-point underdogs and the Commanders are 2.5-point favorites.
What Is an Alternate Spread?
The alternate spread enables you to do two things. First, you can choose a more difficult number for a higher payout. The other option is to select an easier number, which increases your win probability, but lowers your potential profit.
The best time to use alternate spreads is when you think a team can fly past their projection. For example, if you think the Chargers blow out the Raiders in NFL Week 1, you may opt to play them at -6.5 instead of -3.5 for better value.
You can also use them to get past key numbers. For example, you can move Jaguars +2.5 to +3.5 so that you’re covered in the event that they lose by a field goal.
WynnBET NFL Point Spreads
Spread betting in the NFL is where you can bet on the full game, quarters, and halves. You’re even able to place an in-game wager, where the spread will update in real time, depending on what has happened in the game. Targeting alternate spreads is also a good way to find value.
Be sure to focus on the full game because it’s too difficult to project which team will win a quarter or half. Sprinkling some units on the alternate and live spreads are also great ways to find some value.
You’re able to bet on each of these types of spreads at the Super Bowl. This is the one case where I’d recommend including halves and quarter spreads, as it’s the only game on the slate.
You want to give yourself some options for more action in the biggest sporting event of the year, so be sure to include these types of spreads.
Spread Bet Strategies
These are some good strategies to use when wagering on spreads:
- Use our NFL odds comparison, which scans multiple sportsbooks to find the best line.
- Check each team’s record against the spread to see if they’ve been mispriced by the market.
- Consider the head-to-head matchup to find any mismatches.
- Look at each team’s home/away splits, along with their recent performance.
- Don’t lay too many points on road favorites, unless you see a clear edge.
Spread Betting for Beginners
If you’re new to spread betting, we’ve got you covered:
- Record your wins and losses to see your progress.
- Manage your risk by never laying too much on a single bet.
- Emphasize straight bets over parlays becahse they have a higher win probability.
- Be sure to take advantage of any promos that come out.
- Research each pick before making your decision.
How to Calculate Spread Odds
You’ll see that spread odds are displayed in American format, which has positive and negative numbers that range from three to four digits.
Let’s take a look at a some examples:
Example 1: Risk $100 on Bengals -6.5 at -110 odds
- Divide 110 / 100 = 1.1
- Divide 100 / 1.1 = $90.90
- You win $90.90 on a $100 bet
Example 2: To win $100 on Eagles -4.5 at -115 odds
- Divide 115 / 100 = 1.15
- Multiply 1.15 x 100 = $115
- Stake $115 to win $100
Example 3: Stake $100 on Leafs -1.5 at +160 odds
- Divide 160 / 100 = 1.6
- Multiply 1.6 x 100 = $160
- Risk $100 to win $160
Why Are Spreads a Good Bet?
Spreads can be a good bet for the following reasons:
- You won’t have to lay heavy juice on a favorite, as you can take them on the spread.
- It gives you an opportunity to hit on an underdog even if they lose the game.
- You have a chance for nice payouts on alternate spreads.
- You won’t have to pay expensive prices like you would with moneylines.
- They’re easy to understand once you know the difference between favorites and underdogs.
Can Spreads Be a Bad Bet?
Spreads can also be bad bets at these times:
- Teams leading by several points may “take their foot off the gas," allowing the other team to make a meaningless comeback and lose your bet.
- They offer limited payouts in NFL and NBA, unless they’re alternate spreads.
- Spreads can be bad bets if you use them in too many parlays.
- You also may handicap the game correctly, only for a random turnover to cost you the wager.
What Sports Are Available for Spreads?
You can bet on these sports for spreads:
Is There Bet Insurance on Spreads?
Spreads can be used on bet insurance, or “risk-free bet" signup bonuses. This is where your initial wager is matched if it loses, up to a certain number, often ranging from $200 to $1,500.
There are also minimum odds (-200) attached here. As long as your spread wager meets these requirements, it can be used for this promo.